Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland
Persons, Annual, Seasonally Adjusted
LFEMTTTTCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,875,550.00
Year-over-Year Change
12.05%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis. It is a key indicator of the overall health and strength of the U.S. labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Persons, Annual, Seasonally Adjusted' series tracks the total number of employed individuals in the U.S. workforce, adjusting for seasonal variations. It provides a broad-based measure of employment levels and labor force participation essential for analyzing economic conditions and policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by policymakers, economists, and financial markets to gauge the state of the economy and guide policy interventions.
Key Facts
- The U.S. employed over 159 million people in 2022.
- Employment levels have returned to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of employed individuals in the U.S. labor force on an annual basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a crucial indicator of the overall health and strength of the U.S. economy, providing insights into labor market conditions that inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial markets closely monitor this employment trend to assess the state of the economy and guide interventions, such as adjusting monetary or fiscal policies.
Q: Are there update delays or limitations?
A: The 'Persons, Annual, Seasonally Adjusted' data is released monthly with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTTTCHA647S), retrieved from FRED.